Saturday, January 17, 2009

SBP prohibits harassing credit card holders’ family

SBP prohibits harassing credit card holders’ family


KARACHI: State Bank of Pakistan (SBP) has issued comprehensive guidelines for commercial banks and development financial institutions (DFIs) dealing in credit card business.SBP credit card business operational guidelines released here directed commercial banks and DFIs to determine interest rate and service charges on annual basis besides, it would be mandatory for them to get the credit card terms published both in Urdu and English in plain lang .... Full Story

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